A PC-BASED MODEL FOR EVALUATION OF INVESTMENT IN MANUFACTURING EQUIP:MENT

Authors

  • C.J. Fourie Centre for Robotics, Department of Industrial Engineering, Stellenbosch University

DOI:

https://doi.org/10.7166/7-2-404

Abstract

ENGLISH ABSTRACT: The investment in advanced manufacturing equipment must be evaluated on two levels, ie. a general technical investigation, and an in-depth technical and economical analysis if necessary. This is especially true for a country like South Africa where new technologies like robotics are relatively untried . It is therefore important to choose a suitable framework for both technical and economic analyses. This framework forms the foundation of the discussed evaluation model. For practical use, the evaluation and choice process is programmed for use on a PC.

AFRIKAANSE OPSOMMING: Belegging in toerusting vir gevorderde vervaardiging word gewoonlik op twee vlakke geevalueer, nl. 'n algemene tegniese ondersoek en 'n deeglike tegniese en ekonomiese ontleding, indien vereis. Dit is veral waar in 'n land soos Suid-Afrika waar nuwe ontwikkelings soos robotika nag relatief onbekend is. Dit is dus belangrik om 'n gepaste raamwerk te kies vir beide die tegniese en die ekonomiese ontledings. Hierdie raamwerk is die basis van die ontledingsmodel wat bespreek word. Om toepassing te vergemaklik, word die ontledings- en keuseprosesse geprogrammeer vir 'n mikrorekenaar.

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Published

2011-11-05

How to Cite

Fourie, C. (2011). A PC-BASED MODEL FOR EVALUATION OF INVESTMENT IN MANUFACTURING EQUIP:MENT. The South African Journal of Industrial Engineering, 7(2). https://doi.org/10.7166/7-2-404

Issue

Vol. 7 No. 2 (1993)

Section

General Articles

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